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BHP in no rush to raise Potash bid ahead of ruling

Investing News Network
Nov. 01, 2010 03:11PM PST
Potash Investing

Reuters reports that BHP Billiton (NYSE:BHP, ASX:BHP) feels no pressure to raise its $39 billion offer for Potash Corp.

Reuters reports that BHP Billiton (NYSE:BHP, ASX:BHP) feels no pressure to raise its $39 billion offer for Potash Corp.

The market news is quoted as saying:

Major BHP investors said the company should be wary about bumping up the bid price and several objected to an increase of more than 10 percent.

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